New Hampshire to bring $89.715 million in G.O. bonds on March 12

By Sheri Kasprzak

New York, March 6 - New Hampshire plans to price $89.715 million in general obligation bonds on March 12, according to a preliminary official statement.

The bonds will be sold on a competitive basis and include $59.715 million in series 2008A bonds and $30 million in series 2008B bonds.

The series 2008A bonds are due from 2016 to 2025, and the series 2008B bonds are due from 2009 to 2028.

The offering is expected to settle on March 19.

Proceeds from the series 2008A bonds will be used to refund the state's outstanding series 2004A general obligation bonds and series 2004B general obligation bonds. The series 2008B bonds will be used for various capital improvements.

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